| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w22421 |
| 来源ID | Working Paper 22421 |
| Finders, Keepers? | |
| Niko Jaakkola; Daniel Spiro; Arthur A. van Benthem | |
| 发表日期 | 2016-07-18 |
| 出版年 | 2016 |
| 语种 | 英语 |
| 摘要 | Natural-resource taxation and investment exhibit cycles in a vast number of countries, driving political turmoil and power shifts. Using a rational-expectations model, we show cycles result from governments' inability to commit to future taxes and firms' inability to credibly exit a country indefinitely. A government sets a low initial tax inducing high investments, which in turn prompts it to increase taxes next period. This induces low investment thus low future taxes, and so on. We investigate which factors reinforce cycles and present ways of avoiding them, and document cycles across many countries including detailed case studies of two Latin-American countries. |
| 主题 | Public Economics ; Taxation ; Environmental and Resource Economics |
| URL | https://www.nber.org/papers/w22421 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/580095 |
| 推荐引用方式 GB/T 7714 | Niko Jaakkola,Daniel Spiro,Arthur A. van Benthem. Finders, Keepers?. 2016. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w22421.pdf（799KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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